Canadian intelligence officials have warned Prime Minister Justin Trudeau that China has allegedly been targeting Canada with a vast campaign of foreign interference, including funding a clandestine network of at least 11 federal candidates running in the 2019 election.

Canadian intelligence warned Trudeau that China covertly funded 2019 election candidates — report

Energy stocks on Bursa Malaysia traded mixed in the mid-morning on Wednesday (Nov 9), as crude oil prices remained volatile against the backdrop of rising coronavirus cases in China and impending lockdowns there.

Energy stocks trade mixed as crude oil prices stay volatile

Chief information officers (CIOs) and information technology (IT) leaders must take action to accelerate time to value and drive top- and bottom-line financial impacts of digital investments, according to Gartner Inc.

Pressure on CIOs to deliver digital dividends higher than ever, says Gartner

RHB Banking Group has appointed Ryan Teoh as its group chief strategy and innovation officer.

In a statement on Wednesday (Nov 9), the banking group said the appointment took effect on Nov 1.

RHB names Ryan Teoh as group chief strategy and innovation officer

Forty-two per cent of America’s young-but-cynical Generation Z are dealing with a mental health condition, according to a new survey.

Over a third of Gen Z in US suffer mental health condition

KUALA LUMPUR (Nov 9): AmBank Group Research expects Malaysia’s third quarter 2022 (3Q2022) GDP numbers will be at 12.2%, better than 2Q2022’s growth of 8.9%.

In an economics highlight on Wednesday (Nov 9), AmBank chief economist and head of research Dr Anthony Dass also maintained his a...

AmBank Research expects Malaysia’s 3Q GDP to come in at 12.2% 

KUALA LUMPUR (Nov 8): Goldman Sachs has downgraded Shell over what it views as overvaluation compared to its supermajor peers.

In a report on Monday (Nov 7), energy portal Oilprice.com said the European Union’s big oil sector, SXEP, has generated what Goldman Sachs referred to ...

Goldman Sachs downgrades Shell on ‘relatively expensive’ valuation

KUALA LUMPUR (Nov 8): RHB Retail Research said LGMS Bhd is set to resume an uptrend momentum after it rebounded following two consecutive sessions of decline, forming a “higher low” bullish pattern above the previous breakout point of RM1.25.

In a trading stocks note on Tuesday (Nov 8),...

LGMS set to resume uptrend momentum, says RHB Retail Research

KUALA LUMPUR (Nov 8): Global silicon wafer shipments are projected to increase 4.8% year-on-year in 2022 to a record high of nearly 14,700 millions of square inches (MSI), according to the US-based Semiconductor Equipment & Materials International (SEMI).

Silicon wafers are the fund...

Global silicon wafer shipments seen hitting new record in 2022, says SEMI

Iskandar Investment Bhd (IIB) has flagged a recent scam on social media, particularly on the Telegram platform.

Iskandar Investment flags phishing scam on Telegram platform

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

Anwar: Putrajaya will keep eye on inflation rate following civil service pay hike

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

US private payrolls beat expectations in April 

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

KFC parent Yum reports surprise drop in global same-store sales on weak demand

Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations including its natural gas and oil businesses.

Shell exits China power market businesses

The retail price of RON97 petrol remains unchanged at RM3.47 per litre, with RON95 also unchanged at RM2.05 per litre, from May 2 to May 8, according to the Ministry of Finance on Wednesday.

Fuel prices unchanged till May 8

The dollar edged towards its highest level this year against a basket of peers and US share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed.

Dollar near five-month highs ahead of Fed policy decision

Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.

Crypto washout sends bitcoin below US$58,000 into bear market

Prime Minister Datuk Seri Anwar Ibrahim has emphasised that any party associating him and the government with a purported casino project in Forest City must face legal action.

Those who spread lies on Forest City casino project ought to be jailed, says PM

Details regarding the salary increase for civil servants will be announced during the tabling of Budget 2025 in October this year.

Details of civil servants’ wage hike to be announced in Budget 2025, says Fahmi 

China's Huawei Technologies has moved the high-profile chief of its consumer business, Yu Chengdong, to a new role as chair of the unit, two people with knowledge of the matter said.

Huawei's high-profile consumer CEO Richard Yu shifts role

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

Surin Murugiah

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Surin Murugiah

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